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Analysts Offer Insights on Financial Companies: MoneyLion (ML), Blend Labs (BLND) and Performant Financial (PFMT)

Analysts have been eager to weigh in on the Financial sector with new ratings on MoneyLion (MLResearch Report), Blend Labs (BLNDResearch Report) and Performant Financial (PFMTResearch Report).

MoneyLion (ML)

In a report released today, George Sutton from Craig-Hallum maintained a Buy rating on MoneyLion, with a price target of $30.00. The company’s shares closed last Tuesday at $22.67.

According to TipRanks.com, Sutton is a 4-star analyst with an average return of 6.5% and a 44.1% success rate. Sutton covers the Technology sector, focusing on stocks such as Transact Technologies, Freightos Limited, and Par Technology.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for MoneyLion with a $30.00 average price target.

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Blend Labs (BLND)

Wells Fargo analyst Michael Turrin maintained a Hold rating on Blend Labs yesterday and set a price target of $1.50. The company’s shares closed last Tuesday at $1.48.

According to TipRanks.com, Turrin is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -11.3% and a 36.1% success rate. Turrin covers the Technology sector, focusing on stocks such as Zoom Video Communications, Ceridian HCM Holding, and Tyler Technologies.

The word on The Street in general, suggests a Hold analyst consensus rating for Blend Labs with a $1.68 average price target, implying a 19.1% upside from current levels. In a report released today, William Blair also reiterated a Hold rating on the stock.

Performant Financial (PFMT)

In a report released today, Eric Stine from Craig-Hallum maintained a Buy rating on Performant Financial, with a price target of $7.00. The company’s shares closed last Tuesday at $2.26, close to its 52-week low of $2.00.

According to TipRanks.com, Stine is a 3-star analyst with an average return of 1.5% and a 29.9% success rate. Stine covers the NA sector, focusing on stocks such as Westport Fuel Systems, Orion Energy Systems, and Clean Energy Fuels.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Performant Financial with a $7.50 average price target, a 226.1% upside from current levels. In a report issued on November 2, Lake Street also reiterated a Buy rating on the stock with a $8.00 price target.

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